MAY 4.17% 2.3¢ melbana energy limited

As feared, looks like we are a traders playground, thanks...

  1. 623 Posts.
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    As feared, looks like we are a traders playground, thanks Goodoil..!
    I would warrant many of those new buyers last week have no interest in the big picture here..
    Only in it for the short term trade
    What is management going to do.. the brief Oppie interest will die tomorrow if this slide back continues..
    We need a new set of investors here to come onboard, not a set of day/ week traders and scalpers..

    Interesting few days, I have not taken up my oppies and will not until I see stable SP in the mid 2s..
    If that doesn’t happen before 31st then I guess I won’t..

    I feel the only way we will get continued SP strength , with a raft of new investors ( not traders) is a dual list..
    ASX is proving again, very few who bought the news here last couple of weeks are here for the journey and potential we have, they are here to momentum trade the hell out of this..
    DYOR.
 
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Last
2.3¢
Change
-0.001(4.17%)
Mkt cap ! $77.51M
Open High Low Value Volume
2.3¢ 2.4¢ 2.2¢ $61.98K 2.702M

Buyers (Bids)

No. Vol. Price($)
4 753326 2.3¢
 

Sellers (Offers)

Price($) Vol. No.
2.4¢ 2582136 17
View Market Depth
Last trade - 16.10pm 29/07/2024 (20 minute delay) ?
MAY (ASX) Chart
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